MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks

Of the 439,000 bitcoin that MicroStrategy owns, more than one-third have been purchased since Trump’s election victory last month.

Posted in Tech | Tagged | Comments Off on MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks

Pavel Durov says Telegram is now profitable

Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat app’s total revenue surpassed $1 billion in 2024. The company, which launched its premium subscription service in 2022, now has 12 million paid users. Durov also said that the app is finishing the year with more than $500 million […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Pavel Durov says Telegram is now profitable

WhatsApp scores historic victory against NSO Group in long-running spyware hacking case

A US judge ruled that the Israeli spyware maker breached hacking laws by using WhatsApp to infect devices with Pegasus
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on WhatsApp scores historic victory against NSO Group in long-running spyware hacking case

US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

The Biden administration launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems.

Posted in Tech | Tagged | Comments Off on US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

AI Agents Will Be Manipulation Engines

Surrendering to algorithmic agents risks putting us under their influence.

Posted in Business | Tagged | Comments Off on AI Agents Will Be Manipulation Engines

Morrisons customers complain loyalty card discounts not working

The supermarket has been advertising cheap deals, including 10p vegetables, ahead of Christmas.

Posted in Tech | Tagged | Comments Off on Morrisons customers complain loyalty card discounts not working

xAI is testing a standalone iOS app for its Grok chatbot

Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now.
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on xAI is testing a standalone iOS app for its Grok chatbot

X jacks up Premium+ prices 37.5%, hits some markets harder

X is raising prices for its top-tier subscription service by 37.5%, marking the largest price increase since the platform’s acquisition by Elon Musk in 2022. The Premium+ service will cost $22 monthly in the U.S., up from $16, effective December 21, according to a company statement. Annual subscriptions will increase to $229 from $168. X […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on X jacks up Premium+ prices 37.5%, hits some markets harder

Sriram Krishnan named Trump’s senior policy advisor for AI

Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz (a16z), will serve as senior policy advisor for AI at the White House Office of Science and Technology Policy. Trump said in a statement that Krishnan will “help shape and coordinate AI policy across government, working with […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Sriram Krishnan named Trump’s senior policy advisor for AI

Palantir and Anduril reportedly building a tech consortium to bid on defense contracts

Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a consortium to bid on Pentagon contracts, according to a report in the Financial Times. The goal, the FT says, is to challenge the dominance of “prime” defense contractors like Lockheed Martin, Raytheon, […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Palantir and Anduril reportedly building a tech consortium to bid on defense contracts